Very urgent - non filing of itr

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

12 September 2017 Dear Experts,

I have not filed my ITR for the year 2010-11,11-12,12-13, 13-14, 14-15. Now I want to file all such Returns. I have no taxable income in those years but my cash transactions were over Rs. 10 lac. Please guide me.I will be highly obliged.
Thanks

Ashiwini Ballodia

Ashiwini Ballodia (Expert)
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12 September 2017 You can currently file return for FY 15-16 & FY 16-17 for earlier year you cannot file the reutun

Ashiwini Ballodia

Ashiwini Ballodia (Expert)
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12 September 2017 You can currently file return for FY 15-16 & FY 16-17 for earlier year you cannot file the return

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Querist : Anonymous

Querist : Anonymous (Querist)

13 September 2017 Sir,
I got the Notice u/s 131 from Income Tax Officer for the reply with proper documents. What should I don now and what will be the maximum penalty?
Thanks

RAJA P M

RAJA P M (Expert)
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13 September 2017 Which AY based notices you get...? You ll be post here your actual business...

Nikhil Kaushik

Nikhil Kaushik (Expert)
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16 September 2017 you can just file paper returns with the tax officer and also explain the source of the cash deposited in your accounts.

Querist : Anonymous

Querist : Anonymous (Querist)

31 October 2017 can, i go myself ? or should I take services of a CA? how much will be the expenses for CA and ITO?

Querist : Anonymous

Querist : Anonymous (Querist)

31 October 2017 can, i go myself ? or should I take services of a CA? how much will be the expenses for CA and ITO?

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Nikhil Kaushik

Nikhil Kaushik (Expert)
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01 November 2017 depends on your understanding of tax filings and dealing with the tax officer. With regards to costs, it varies from location to location plus which return you need to file.